🚨 $DEXE /USDT Short Trade Alert 🚨
Status: SHORT BIAS 🔴
Market Outlook: Bearish Rejection at Local Resistance
🔍 Setup Overview:
$DEXE briefly spiked to $10.495, but failed to hold above key resistance. Multiple upper wicks near the top signal seller dominance. Price action is now retreating below the AVL ($10.454), losing momentum on lower timeframes — a potential sign of a short-term top forming.
📉 Trade Setup (SHORT):
Entry Zone: $10.46 – $10.49
Target 1: $10.30
Target 2: $10.12
Target 3: $9.95
Stop Loss: $10.56
🧠 Why Go Short?
After a run from $10.19, $DEXE is flashing signs of exhaustion:
Strong upper wicks near the 24h high ($10.551)
Rejection at breakout level with failure to close above $10.50
Drop below AVL = early weakness
A close below $10.42 may confirm a short-term bearish reversal.
⚠️ Risk Management Tip:
Always respect your stop loss — it's above the 24h high for a reason.
Monitor lower timeframes (15m) for momentum continuation before scaling in.
Avoid chasing green candles in a red-shifting market.
📍Trade with precision. Let the chart speak — not the hype.
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